EASTWOOD OF AMES INC (EIN 204700881) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

SAMANTHA ERICKSON

Phone

7122625640

Tax Period

2024-01-01 to 2024-12-31

EASTWOOD OF AMES INC, founded in 2006, is a community nonprofit in the Housing & Shelter sector that reported $3.4M in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. Expenses of $3.9M exceeded revenue, resulting in a 17% operating deficit.

Mission

PROVIDE DECENT, SAFE & AFFORDABLE HOUSING FOR LOW-INCOME & VERY LOW-INCOME INDIVIDUALS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,308,748

Investment Income $51,630

Other Revenue $0

TOTAL REVENUE $3,360,378

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,917,028

Other Expenses $3,917,028

TOTAL EXPENSES $3,917,028

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,360,378	$4,641,859	-0.3%
Expenses	$3,917,028	$3,896,604	+0.0%
Net Income	$-556,650	$745,255	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$432,542

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID BRIDGEWATER	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
TIM SHANAHAN	BOARD VICE CHAIR	1.00	Officer Director	$0	$0	$0
JOHN ZULK	BOARD TREASURER	1.00	Officer Director	$0	$0	$0
EMILY ZIMMON	SECRETARY	1.00	Director	$0	$0	$0
SAY BACCAM	DIRECTOR	1.00	Director	$0	$0	$0
BRADIE CHWIRKA	DIRECTOR	1.00	Director	$0	$0	$0
DENISE FULLER	DIRECTOR	1.00	Director	$0	$0	$0
ABBIE GAFFEY	DIRECTOR	1.00	Director	$0	$0	$0
OMAR PADILLA	DIRECTOR	1.00	Director	$0	$0	$0
SAMANTHA ERICKSON	CHIEF OPERATING OFFICER	2.50	Officer	$0	$29,141	$248,717
MARK VREEMAN	CHIEF FINANCIAL OFFICER	2.50	Officer	$0	$31,211	$183,825

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$3,360,378	$3,917,028	$20,941,687	$-556,650
2023	$4,641,859	$3,896,604	$21,728,547	$745,255
2022	$4,114,072	$3,383,296	$20,015,849	$730,776
2021	$3,310,260	$3,661,699	$21,177,734	$-351,439
2020	$2,319,823	$2,595,094	$15,855,506	$-275,271
2019	$1,750,646	$1,203,216	$13,081,151	$547,430
2018	$1,223,564	$1,686,004	$8,759,378	$-462,440

EASTWOOD OF AMES INC